ABU DHABI 8 December 2021: The UAE leaders witnessed on Tuesday the launch of the third issue of the national currency of Dh50, in line with the UAE’s celebrations of the Golden Jubilee of its union, which was established on 2 December 1971. The new issue is the first banknote made of polymer material to be circulated in the UAE.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah; H.H. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain; H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah; H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah; and H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, attended the announcement ceremony.
The initiative comes in honour of the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the Emirates, and their dedication and historical role in uniting the country.
Speaking on the occasion, H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), said that this initiative perpetuates the exploits of the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and the first generation of rulers of the UAE, to commemorate their dedication, and in recognition of their historical role in uniting the country under one flag.
“We see in this issuance the new phase that UAE will enter, and a renewed pledge to continue its growth path. The occasion also allowed us to express our appreciation and gratitude to our founding fathers by issuing a new Dh50 banknote to celebrate the fiftieth anniversary of the establishment of the UAE,” H.H. Sheikh Mansour said.
What the new note look like [next page]
